May 22nd, 2009 11:55 AM 12 COMMENTS

TELENOR UNITECH DEAL COMPLETED

Telenor-Norwegian telecom operator completed the acquisition of 49% stake in Unitech Wireless Ltd, the telecom arm of the realty firm, Unitech Ltd, by infusing additional investment of Rs 1,130 crore for an additional 15.5%. Telenor had earlier invested Rs 1,250 crore in the telco for a 33.5%.Last year, the Telemor had acquired up to 60% stake in Unitech Wireless for Rs 6,120 crore, which earlier this year they increased to... Read More

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